Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1887-03-25
TEE COMMERCE. BILL.
The General Opinion That 1t Will
Ruin Great Many Railways and
Many Branches of Industry.
6T'sat Railway Systems Will CONSOLE
aaje 20 the RHnstiOn OF he Short
COmpe ting Lines.
The Baltimore and Ohio Deal Looked
Upon as the First Quite ONE OF the
Interstate Bill
Tz8 SENTIMENT IN NEW YORK.

NEW YORK, March 24-In regard to
the inter state commerce bill, the Herald
this morning publishes the following:
The main questions GA the street are,
"Wil the operation of tAe bill &fect bust
nes>?" "WiI the produces of any sections
of the county be barred Sut Of any other
seCtions?" evil the bill result in great
railway consultations" S veral inter
views follow On the question, "What will
the interstate commerce bill do?T Says
a railroad commissioner: "AmOng other
things, it will ruin great many railways,
many branches of industry, and many
manufacturers who have tATlved on com
petjng rates"
"The bill is rot beneficial then?"
CIT would be if prOp-rly constructed.
Some sections of it are admjra 7ley but
the grester portion of the bill is such as
you might expect from men ignorant of
what they sre doing. They are impracti-
cable, impossible depl0rab sections"
"What do you think of the claim now
made that the DILL was originated and en-
glneered by the railroads, which gave 1t
just enough opposition TO prevent its de-
feat?''
"The railway men wanted such bill,
but not in its present form"
"What is your opinion of its effect on
business?"
"That it will either drive the producers
of the far west to the wall or TO slow ex-
port via the lakes. think through lines
will thrive on It, as they can make rates
70 the cetriment Of their local traffic with
cut material injury to themselves, and TO
the Tuinatinn OF shorter competitors"
"Wiu it benefi the expressc mp4nies?"
"Ctrtainy, if it is true That they are
not ff-cled by it"
The opinion on the street is that sew
erHl great systems OF railways will con-
sOltdate a make such tariff as will
crush all lesser lines. 1t is said that the
P-nn>vlvani4 ana St. Paul systems, prscti-
cal-v in alliance now, will cons sudste and
these will consolidate with the Missouri
Poetic, giving them q continental lie. It
i rumcTed that the Vanderbilt system
will also be put under one management.
IT is now known thai the Baltimore and
OaiO deal is the first outcome Il rne iucer-
state bill andsthat the near future will see
vast systems consolidated.
The general opinion which the St.
Louis Express companies nave arrived ct
is that they are net subject to he utter
=
common carriers, but fOrwarderS- Ex-
Senator Plat, President of the United
States Express Company, saws: 1--WE
bill and expect to do future
carrying of live stock and grain at rates
lower than the freight lines can handle
it,"
Mr.. John Hoey of the Adams cypress
Company says: eve are against the sub
Jet, that is we don't know; we have de-
cided that the express companies aBe eX-
empt and can go on doing business st the
OLD stand We don't know what the bill
is about, we don't know any one who
does. We never expect to know, and
we don't believe any one Will ever
know. We are waiting the spectacle
of the future meeting OF the commission
of men who know nothing about railway
business, and will look forward TO their
resolving on the subject, not with a
pleasant smile"
1t is understood that the various ex-
changes and shippers of New York are
preparing for general war against the
execution of the bill, and loud protests
are being made.
THE COMMISSIONS SIGNED.
WASHINGTON, Marcn 24.-The Presi-
dent to-day signed the commissions Of
the interstate commerce commissioners,
but they will be held at The White House
and delivered to the new appoiutees upon
their arrival. Information was received
to day that Judge Cooley cannot reach
Washington until the close # next week.
1t is decided to make no effort to get the
| commissioners together before that time
as other members also have private af
| fairs to wind up. When the commission
assemblies its first action will be to organ
ize and then Immediately begin official
consideration Of the Interpretation which
shall be given the most impO tant pro-
visions of the law. Candidates for the
position of secretary are numerous. Each
commissioner seems likely TO have ia